Exhibit 99.1 Press Release FreightCar America, Inc. Reports Second Quarter 2024 Results Company delivers 66% year-over-year revenue growth with record profitability at new plant, raises full year guidance Secured ~3,000 orders, including first tank car conversion order CHICAGO, August 12, 2024 – FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the second ...

Company delivers 66% year-over-year revenue growth with record profitability at new plant, raises full year guidance Secured ~3,000 orders, including first tank car conversion order CHICAGO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Revenues of ...

New agreement leverages FreightCar America's capabilities by adding tank car conversions to diversified offerings Optimized production capacity at state-of-the-art manufacturing campus supporting large-scale multi-year projects Each tank car will be upgraded to meet the latest federally mandated advancements, ensuring optimal safety, efficiency, and performance CHICAGO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a pure-play manufacturer ...

CHICAGO, July 29, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its second quarter 2024 financial results on Monday, August 12, 2024 after the market close. The conference call and live webcast will be held on Tuesday, August 13 at 11:00 a.m. (Eastern Time), and will be available on the Investor Relations page of the Company's website at www.freightcaramerica.com. Investors, analysts, and members of ...

Further to the Company's news release dated December 19, 2023, Railtown has engaged a trio of third-party providers to render consulting and other services to the Company. Specifically, Bello Holdings Inc. provides capital markets advisory and related services to Railtown pursuant to a consulting agreement with a term of 12 months; SmallCap Communications Inc. provides investor relations, communications and marketing services to Railtown pursuant to a consulting agreement with a term of 12 months; and i2i M ...

About Railtown AI Technologies Click here to receive our latest investor news alerts. This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will," "may", "should", "intends", "anticipates", "expects" and similar expressions. All statements other than statements of historical fact included in this release, including, without limitation, stateme ...

● . June 28, 2024 8:07 PM EDT | Source: Railtown AI Technologies Inc. This partnership will also grant Railtown other benefits such as access to recruitment, training, and Mila workspaces, as well as the opportunity to conduct applied research projects together with Mila, in addition to visibility across Mila's website and social media, channels, conferences, and business opportunities related to other Mila partners. "With multiple large projects in our pipeline, we expect that partnering with Mila will all ...

CHICAGO, June 25, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a pure-play manufacturer of high-quality railcars with a legacy of 120+ years, proudly announces the production of its 10,000th railcar at its purpose-built state-of-the-art manufacturing facility in Castaños, Mexico. This significant achievement marks a major milestone in the Company's completed manufacturing transformation and highlights its unwavering commitment to excellence in pur ...

The Castaños facility, built between 2020 and 2022, with the fourth line completed in 2023, spans nearly 700,000 square feet and employs approximately 2,000 skilled workers. With four fully operational production lines, the plant has a capacity to build more than 5,000 units per year, with a fifth line available to increase production volume by approximately 20%. Strategically located two hours south of the Texas border, the facility allows for streamlined materials sourcing and access to a robust highly sk ...

. . | --- | --- | |-----------------------------------------|---------------------------------------------------| | | | | Railtown AI Technologies Inc. Announces | | | | Partnership with the Mila Institute to Accelerate | | Railtown's Advanced AI Initiatives | | June 25, 2024 8:00 AM EDT | Source: Railtown AI Technologies Inc. Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to an ...